Safko Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was BDT 132.464 million compared to BDT 182.956 million a year ago. Operating income was BDT 21.707 million compared to BDT 30.307 million a year ago. Net loss was BDT 11.019 million compared to net income of BDT 267,685 a year ago. Basic loss per share was BDT 0.37 compared to basic earnings per share of BDT 0.01 a year ago. For the half year, sales was BDT 267.611 million compared to BDT 356.007 million a year ago. Operating income was BDT 36.964 million compared to BDT 58.775 million a year ago. Net loss was BDT 59.703 million compared to net income of BDT 3.030 million a year ago. Basic loss per share was BDT 1.99 compared to basic earnings per share of BDT 0.1 a year ago.